Is Trinity Industries, Inc. (TRN) Among The Best Railroad Stocks To Buy According To Billionaires?
From Yahoo Finance: 2025-04-27 05:47:00
Trinity Industries, Inc. (NYSE:TRN) is a major player in the North American rail industry, managing a fleet of around 110,000 railcars. The company offers leasing, maintenance, and logistics services, serving various sectors. TRN reported a 32% increase in adjusted earnings per share for 2024, with a 65% boost in cash flow from operations. The company also announced its 244th consecutive quarterly cash dividend of $0.30 per share.
In a list of the 10 best railroad stocks to buy according to billionaires, Trinity Industries, Inc. (NYSE:TRN) ranks 8th, with 8 billionaire investors holding stakes valued at $65,860,700. The company’s growth in earnings and cash flow, as well as its presence in billionaire portfolios, highlight its potential as an investment. However, the focus on AI stocks for higher returns within a shorter time frame is emphasized.
The trade war initiated by President Trump is expected to impact freight railroads as tariffs on Mexico, Canada, China, and Europe are implemented. American railroads moved $203.1 billion worth of goods across borders in 2024, contributing $233.4 billion to the economy and supporting 750,000 jobs. The rail sector’s reinvestment in infrastructure and role in cross-border logistics is crucial for long-term growth. Industry experts warn of potential inflationary pressure due to new tariffs affecting various sectors.
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